Trading at Dhaka Stock Exchange (DSE) was halted by nearly four hours on Sunday as a major technical glitch made the market operator unable to begin trading at its usual 10:30 am opening time.
Bangladesh Securities and Exchange Commission (BSEC) Executive Director Mohammad Saifur Rahman told BSS that the commission was aware about the technical problem and was expecting a full report from the DSE authorities about the matter in due course.
“Due to a technical issue DSE delayed commencement of trade by 3 hours 50 minutes on 24th May 2015. This delayed start resulted in a shorter trading period of 1 hour 40 minutes compared to 4 hours of normal trading,” DSE said in a press statement later on the day.
The stock exchange also regretted the disruption of trading that caused inconvenience to all market participants.
DSE said that the technical issue caused delay in disseminating trade related information to some brokers beyond acceptable limits, and thus the brokers were put at a disadvantaged position compared to its peer group.
